Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | 17.2% | 32.4% | 17% | 77.2% | 57.1% |
| EBIT margin % | 16.5% | 32% | 15.9% | 75.4% | 56.2% |
| PAT margin % | 31.9% | 35.4% | 8.3% | 45.8% | 35% |
| Working capital | |||||
| Receivable days | 18 | 7 | 13 | 28 | 16 |
| Inventory days | 910 | 1,594 | 2,901 | 21,276 | 10,349 |
| Payable days | 9 | 75 | 28 | 253 | 200 |
| NWC days | 920 | 1,526 | 2,886 | 21,051 | 10,165 |
| Leverage | |||||
| Current ratio | 115.31 | 28.3 | 118.77 | 55.8 | 44.41 |
| Debt to EBITDA | 20.4 | 2.28 | 6.02 | 3.24 | 3.08 |
| Debt to equity | 0.83 | 0.16 | 0.11 | 0.13 | 0.1 |
| Interest coverage | 2.1 | 2.1 | 2.1 | 4.2 | 4.4 |
| Asset turnover | 0.11 | 0.15 | 0.08 | 0.04 | 0.04 |
| Return ratios | |||||
| Return on assets % | 3.6% | 5.3% | 0.6% | 1.7% | 1.5% |
| Return on capital employed % | 8.3% | 11.1% | 1.6% | 3.2% | 3.1% |
| Return on equity % | 7.5% | 7.8% | 0.9% | 2.3% | 2.1% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.